MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS LOWER HIGHS+BOTTOMS
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING (POSITION)
TRADING: DIRECTION ACTIVITY RELATIVE STRENGTH OF CHANNEL POSITION OF TARGET
CORN/CH17: 25 CENT DAILY LIMIT FREE WORLD STOCKS/UP OPEN INTEREST/DOWN MEDIUM VOLUME
TREND CHANNEL: UP/GRADUAL NARROW RANGE MONTHLY FUTURES PREMIUM MAR17/JUL18
TRADING: LOWER HIGH MATCHED BUYING UPSIDE BOTTOM MONTHLY RESISTANCE CONTINUES AT 360
TARGETS: UP 351 (360) 377 395 COMMITMENTS: HEDGER SOLD SHORT, SOLD LONG, LESS NET LONG
SOYS/SH17: 65 CENT DAILY LIMIT FREE WORLD STOCKS/UP OPEN INTEREST/DOWN LOW VOLUME
TREND CHANNEL: DOWN/MEDIUM MEDIUM RANGE MONTHLY FUTURES PREMIUM JAN17/JUL17
TRADING: LOWER HIGHS BUYING RESISTANCE-CONVERGENCE WITH WEEKLY DOWN CHANNEL TOP/1005
TARGETS: DOWN, (1005) 990 979 965 COMMITMENTS: HEDGER COVERED SHORT, LESS NET SHORT
WHEAT/WH17: 35 CENT DAILY LIMIT FREE WORLD STOCKS/UP OPEN INTEREST/DOWN LOW VOLUME
TREND CHANNEL: UP/GRADUAL NARROW RANGE MONTHLY FUTURES PREMIUM MAR17/MAY19
TRADING: FLAT/OUTSIDE DAY NET BUYING UPSIDE MID CHANNEL AT 424 MET RESISTANCE AT 429
TARGETS: UP, 387 411 (424) 429 443 COMMITMENTS: HEDGER SOLD SHORT, LESS NET LONG
DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT. OPEN INTEREST/FLAT LOW VOLUME
TREND CHANNEL: DOWN WIDE RANGE MONTHLY FUTURES PREMIUM DEC16/DEC 21
TRADING: LOWER HIGH DAY1 MATCHED TESTED CONTINUED RESISTANCE AT TOP ALSO AT 7584
TARGETS: DOWN, (7584) 7556 7521 7476 COMMITMENTS: HEDGER BOUGHT LONG, MORE NET LONG
HEATING OIL ULSD HOG/17 25 CENT DAILY LIMIT, OPEN INTEREST/UP MEDIUM VOLUME
TREND CHANNEL: UP,/GRADUAL WIDE RANGE MONTHLY FUTURES PREMIUM JAN17/FEB18
TARGETS: UP, 151 (164) 169 177 COMMITMENTS: HEDGER SOLD LONG, MORE NET SHORT
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